Business
Business related articles
Ohmae’s Strategic Triangle as an Intuitive Process
March 27, 2021
Ohmae’s Strategic Triangle as an Intuitive Process
The strategic triangle model by Kenichi Ohmae is a model which focuses on 3 key factors for success and must be in balance. Ohmae’s…
Mintzberg’s Criticisms of Strategic Planning
March 25, 2021
Mintzberg’s Criticisms of Strategic Planning
Henry Mintzberg (The Strategy Process) looked at how the word ‘strategy’ has been used by people who have written about…
6 Benefits of Strategic Planning in an Organization
March 25, 2021
6 Benefits of Strategic Planning in an Organization
Benefits claimed for strategic planning Strategic planning can achieve several purposes:1. Creates a management process to detect and respond to…
The Rational (prescriptive) Approach to Strategy Formulation
March 25, 2021
The Rational (prescriptive) Approach to Strategy Formulation
The rational planning approach sought to identify a process by which successful strategy can be formulated. The main stages in…
Strategic Planning versus Strategic Management
March 25, 2021
Strategic Planning versus Strategic Management
There is a contrast between strategic planning and strategic management as approaches to strategy formulation. The rational planning model, originated…
Henry Mintzberg’s 5 P’s of Strategy for Competitive Advantages
March 24, 2021
Henry Mintzberg’s 5 P’s of Strategy for Competitive Advantages
In 1987, the Canadian management scientist Henry Mintzberg distinguished five visions for strategy for organizations. Mintzberg’s 5Ps are some sort of consciously…
Corporate Strategy and its Three Levels
March 24, 2021
Corporate Strategy and its Three Levels
Strategy is the direction and scope of an organization over the long term, which achieves advantage for the organization through…
A case study on IAS 19- Employee Benefits
March 23, 2021
A case study on IAS 19- Employee Benefits
Jim and Della have to do a class presentation on the pension pronouncement “Employee Benefits.” In developing the class presentation,…
Transformational leadership: What’s next?
December 5, 2020
Transformational leadership: What’s next?
The concept of transformational leadership is increasingly viewed, critically. Problems in  transformational leadership are the empirically indefinable dimensions, a lack…
Comparison of Authoritarian, Democratic and Laissez-faire Leadership
November 16, 2020
Comparison of Authoritarian, Democratic and Laissez-faire Leadership
Type of leadership in which the final decision always rests with the leader; employees are subject to the decisions it…